Rumor Mill: Palm will be sold by Thursday

Reports of an imminent acquisition of Palm are circulating once again as continues to churn the rumor mill: Private equity firms Texas Pacific Group and Silver Lake Partners are potential buyers of the Treo maker, according to the report. Nokia and Motorola are also bidding for Palm, which positions either company squarely against RIM in the U.S. for the enterprise market. Palm is set to report its quarterly earnings on March 22, which the report claims is the same day Morgan Stanley wants to close the deal.

For more on the Palm sale:
- take a look at this article from Unstrung


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